INCREASES IN REVENUE

Southland Times, Issue 24166, 1 July 1940, Page 2

INCREASES IN REVENUE

CUSTOMS RETURNS AT INVERCARGILL

TOTAL FOR SIX MONTHS Increases in the Customs revenue at Invercargill for the month of June, for the second quarter and the first six months of 1940 over the 1939 figures are shown in the latest returns. The increases are due chiefly to higher revenue from Customs duty, which was nearly £4OOO greater last month, more than £13,000 greater for the quarter and more than £ll,OOO greater for the half year compared with the corresponding periods last year. The figures are: —

HIGHEST REVENUE AT DUNEDIN CUSTOMS AND BEER DUTY RISE (United Press Association) DUNEDIN June 30. Probably the highest Customs revenue recorded at the port of Otago for any quarter was received during the three months ended Saturday. The total for the quarter just ended was £502,178 which was far in excess of the sum of £398,280 recorded in the corresponding period of last year. While the changed conditions of the war and increased taxation make comparisons of little value it is noticeable that Customs duty increased by £39,178, beer by approximately £30,000, sales tax by more than £BOOO.

As is to be expected with petrol restrictions in operation, petrol tax declined by more than £14,000 and tyre tax by £6OO Gold tax was also down by more than £7OO. Tlie figures for the month of June showed similar increases in Customs duty, beer duty and sales tax. Petrol tax declined by about one-third. Tyre tax, strangely enough, showed 100 per cent, increase. The total revenue for the month showed an increase of nearly £22,000. Following are the detailed figin’es:—

RECEIPTS HIGHER Al! CHRISTCHURCH CHRISTCHURCH, June 30. Customs revenue at Christchurch for June and also for the first quarter of the current year shows an appreciable increase on that of the corresponding period last year. The figures are:—

MONTH 1939 £ 1940 £ Customs 16,167 12,356 Beei - 176 145 Sales tax 4,921 3,453 Petrol 6,298 9,118 QUARTER 1940 1939 £ £ Customs 51,008 38,986 Beer 648 566 Sales tax 12,470 11,019 Petrol 20,162 26,060 HALF-YEAR 1940 1939 £ £ Customs 971,458 86,084 Beer 1,309 1,063 Sales tax 23,438 25,923 Petrol 45,152 51,694

JUNE 1940 £ 1939 £ Customs duty 64,570 59,061 Beer duty 28,028 20,431 Petrol tax 12,355 18,728 Tyre tax 566 287 Sales tax 33,764 28,240 Gold tax 705 1,558 TOTAL (including miscellaneous receipts) £150,586 £128,898 QUARTER £ £ Customs duty 219,425 180,247 Beer duty 103,223 73,257 Petrol tax 39,107 52,295 Tyre tax 1,444 2,028 Sales tax 94,541 82,476 Gold tax 3,701 4,420 TOTALS £502,178 £398,280

QUARTER 1939 1940 £ £ Customs 278,404 316,537 Beer 31,190 43,046 Petrol 83,043 65,379 Tyres 2,295 2,524 Sales tax 126,923 131,512 Light dues 1,648 1,503 Wool levy 1,232 755 Meat levy 4,069 , .... Honey levy 1 — Hides levy — 428 Miscellaneous 168 27,071 TOTALS £528,973 £588,755 JUNE 1939 1940 £ £ Customs 85,595 105,071 Beer 9,186 12,722

Petrol 26,940 19,652 Tyres 589 865 Sales tax 44,844 47,081 Light dues 491 479 Wool levy 140 405 Meat levy 1,504 * " Honey levy 1 . Hides levy — • 137 Miscellaneous 51 8,501 TOTALS £169,341 £194,913